Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between first dollar defense and waiving first dollar defense?

0
Posted

What is the difference between first dollar defense and waiving first dollar defense?

0

With first dollar defense you pay your deductible ONLY if there is an indemnity payment. The company pays your defense costs not to exceed limits of liability. If your policy states the deductible applies to indemnity AND expense payments your deductible applies to the first dollar that is spent by the company for defense or settlement of the claim.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123